Mind Medicine (MindMed) Inc.

Mind Medicine (MindMed) Inc.verified




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Mind Medicine (MindMed) Inc., a clinical stage biopharmaceutical company, develops novel products to treat brain health disorders related to psychiatry, addiction, pain, and neurology. The company develops MM-120, which is in phase 2 for the treatment of generalized anxiety disorder and attention deficit hyperactivity disorder, as well as for the treatment of chronic pain; and MM-110, an a3ß4 nicotinic cholinergic receptor antagonist that has completed phase 1 for the treatment of opioid withdrawal. It also develops MM-402, a R-enantiomer of 3,4-methylenedioxymethamphetamine for the treatment of core symptoms of autism spectrum disorder. The company is headquartered in Vancouver, Canada.[Read more]



IPO Date


Stock Exchange




The PE Ratio as of June 2024 (TTM) for Mind Medicine (MindMed) Inc. (MNMD) is -2.51

According to Mind Medicine (MindMed) Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -2.51. This represents a change of 53.18% compared to the average of -1.64 of the last 4 quarters.

Mind Medicine (MindMed) Inc. (MNMD) Historical PE Ratio (quarterly & annually)

How has MNMD PE Ratio performed in the past?

The mean historical PE Ratio of Mind Medicine (MindMed) Inc. over the last ten years is -6.62. The current -2.51 PE Ratio has changed 3.69% with respect to the historical average. Over the past ten years (40 quarters), MNMD's PE Ratio was at its highest in in the December 2022 quarter at 5.10. The PE Ratio was at its lowest in in the December 2020 quarter at -23.71.

Quarterly (TTM)









Mind Medicine (MindMed) Inc. (MNMD) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Mind Medicine (MindMed) Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 9.83%

Maximum Annual PE Ratio = -0.24

Minimum Annual Increase = -76.42%

Minimum Annual PE Ratio = -23.81

Quarterly (TTM)
YearPE RatioChange

Mind Medicine (MindMed) Inc. (MNMD) Average PE Ratio

How has MNMD PE Ratio performed in the past?

The current PE Ratio of Mind Medicine (MindMed) Inc. (MNMD) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg


5-year avg


10-year avg


Mind Medicine (MindMed) Inc. (MNMD) PE Ratio vs. Peers

How is MNMD’s PE Ratio compared to its peers?

Mind Medicine (MindMed) Inc.’s PE Ratio is less than Cybin Inc. (-1.77), less than Seelos Therapeutics, Inc. (-0.31), greater than GH Research PLC (-19.00), less than Awakn Life Sciences Corp. (-0.76), greater than Atai Life Sciences N.V. (-6.30), less than Freeline Therapeutics Holdings plc (-0.57), less than Bio-Path Holdings, Inc. (-0.10), less than Vaccinex, Inc. (-0.42), greater than Eliem Therapeutics, Inc. (-15.77), less than Opthea Limited (-0.99), greater than Molecular Partners AG (-4.82), greater than Edgewise Therapeutics, Inc. (-14.11), greater than iTeos Therapeutics, Inc. (-3.92), less than Checkpoint Therapeutics, Inc. (-1.13), less than Mustang Bio, Inc. (-0.16), less than Reviva Pharmaceuticals Holdings, Inc. (-0.80), less than Fortress Biotech, Inc. (-0.53), less than Kodiak Sciences Inc. (-0.60),

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